the economy is growing more slowly than it has in the last 50 years. the economy is growing slowly. and what happens under those circumstances nobody can afford to pay higher wages. you can say whatever else that you want about the wealthy and i don't disagree with that. but nar is a weak economy and it makes it impossible for us. and we're not competitive in a lot of manufacturing jobs. we've got to find a way to improve the education of these people because it's in the hi tech jobs where the money is being paid. >> the americans dropped down in reading and math. you get the small businesses and you get the mcdonald's and all of these folks and you raise that minimum wage that high and some of those places will shut down and go out of business. there's a tradeoff. lost jobs for higher money yum wage. >> no they won't. wal-mart will pass the loss off on customers. >> this is a political gamble by the president and he's going for the inequality issue. and what is the republicans' answer? >> they have found no evidence of loss of job the result of raising the minimum wage. and you can